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Is grousing about Goldman reaching critical mass?
MarketWatch ^ | Jul 20, 2009, 10:50 a.m. EST | Peter Brimelow

Posted on 07/20/2009 11:26:35 AM PDT by Ernest_at_the_Beach

Commentary: Questions are reaching the point where something might happen

NEW YORK (MarketWatch) -- I'm amazed: Grousing about Goldman Sachs, and fury at the financial sector, is actually reaching the point where something might happen -- maybe even answers to questions we've been asking for a while.

As Jim Bianco of Bianco Research just noted in his News Clips/Daily Commentary service: "The amount of bad news that [Goldman Sachs Group /quotes/comstock/13*!gs/quotes/nls/gs (GS 159.63, +2.79, +1.78%) ] is generating with its record earnings is incredible. We cannot remember a company that has received so much scorn for making money."

Bianco linked to critical stories in the Economist and the New York Times, and a scathing op-ed column ("The Joy of Sachs") by Paul Krugman.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Editorial
KEYWORDS: economy; goldmansachs
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1 posted on 07/20/2009 11:26:35 AM PDT by Ernest_at_the_Beach
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To: All
FR Thread ...The article mentioned in the Economist :

Keeping up with the Goldmans

2 posted on 07/20/2009 11:29:48 AM PDT by Ernest_at_the_Beach (Support Geert Wilders)
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To: All
And the NY Times article mentioned...FR Thread:

Two Giants Emerge From Wall Street Ruins ( Goldman Sachs and JP Morgan Chase)

3 posted on 07/20/2009 11:32:15 AM PDT by Ernest_at_the_Beach (Support Geert Wilders)
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To: All
And the mentioned Paul Krugman article ....FR Thread:

The Joy of Sachs

4 posted on 07/20/2009 11:34:34 AM PDT by Ernest_at_the_Beach (Support Geert Wilders)
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To: Ernest_at_the_Beach

CORZINE is part of this and the Christie Campaign better get in motion because he is letting that bearded one define him.


5 posted on 07/20/2009 11:38:52 AM PDT by Titus-Maximus (Light from Light)
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To: All
And the First of two articles from the Wall Street Journal...FR Thread:

A Tale of Two Bailouts

And the Second WSJ Article mentioned....FR Thread:

The Bernanke Market

6 posted on 07/20/2009 11:40:09 AM PDT by Ernest_at_the_Beach (Support Geert Wilders)
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To: Ernest_at_the_Beach

Haha, and we wonder why Jews voted overwhelmingly for Obama despite his turning his back to Israel.

2012 will jus tbring us more of the same, as long as Goldman/Wall Street is taken care of by their friends in the White House.


7 posted on 07/20/2009 11:40:58 AM PDT by Boiling Pots (Barack Obama: The final turd George W. Bush laid on America)
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To: All
And the Rolling Stone article ....FR Thread:

The Great American Bubble Machine

8 posted on 07/20/2009 11:43:36 AM PDT by Ernest_at_the_Beach (Support Geert Wilders)
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To: Ernest_at_the_Beach

“We cannot remember a company that has received so much scorn for making money”

Halliburton?


9 posted on 07/20/2009 11:46:03 AM PDT by Betis70 (Keep working serf, Zero's in charge)
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To: Ernest_at_the_Beach

To say nothing of http://www.freerepublic.com/focus/f-news/2296259/posts


10 posted on 07/20/2009 11:47:12 AM PDT by omega4412 (Terrorism is a symptom. Islam is the disease.)
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To: omega4412

LOL...Thanks.


11 posted on 07/20/2009 11:49:15 AM PDT by Ernest_at_the_Beach (Support Geert Wilders)
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To: Betis70
Guess that making money for Halliburton is fixed:

Halliburton 2Q earnings plummet, beat expectations

Halliburton 2Q profit falls 48 pct; CEO says no end to natural gas glut this year

12 posted on 07/20/2009 11:52:30 AM PDT by Ernest_at_the_Beach (Support Geert Wilders)
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To: Ernest_at_the_Beach

Since the mid 90’s most of the top pay execs at Goldman have been Democrats and they contribute huge bucks to Rats.
It the rock and breeding ground for Rat economic policy.


13 posted on 07/20/2009 11:54:11 AM PDT by Larry381 ("in the final instance civilization is always saved by a platoon of soldiers" Oswald Spengler)
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To: Betis70
“We cannot remember a company that has received so much scorn for making money”

Halliburton?

and ExxonMobil

14 posted on 07/20/2009 11:54:15 AM PDT by SirJohnBarleycorn
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To: SirJohnBarleycorn

Anybody upper-middle class and beyond?


15 posted on 07/20/2009 11:57:19 AM PDT by ruiner
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To: omega4412; All; Grampa Dave; SierraWasp; Marine_Uncle; Fred Nerks; SunkenCiv
Just posted this one:

The Fine Line Between Profits and Theft ( RE: Goldman Sachs )

***************************EXCERPT Intro********************************

Many in the community, myself included, object strenuously to a poker player who has an extra set of aces up his or her sleeve. We also object to a casino capitalist model where the winnings are kept but the losses are forced onto someone else.

And that, dear reader, is what Goldman (GS) and the rest of the big banks have been doing for the last two years.

16 posted on 07/20/2009 12:04:48 PM PDT by Ernest_at_the_Beach (Support Geert Wilders)
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To: Ernest_at_the_Beach

Q: What would be the effect if in three months time, Obama throws Tim Geithner under the bus for the continued bad economy, and installs Larry Summers in Treasury instead??

Q: Wasn’t Geithner advertised by both parties as the smartest guy in the room, and the only person who could succeed Hank Paulson (also a long time Goldman assoiciate)..??


17 posted on 07/20/2009 12:12:45 PM PDT by Bean Counter ( Shovel ready...)
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To: Bean Counter
Just posted this ...which defends Goldman Sachs:

Resist The Urge To Punish Success ( RE: Goldman Sachs)

18 posted on 07/20/2009 12:26:57 PM PDT by Ernest_at_the_Beach (Support Geert Wilders)
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To: Larry381; FromLori; parsifal
Maybe Charlie knows something...see this thread:

Gasparino: Stop Protecting Goldman Sachs

19 posted on 07/20/2009 12:36:32 PM PDT by Ernest_at_the_Beach (Support Geert Wilders)
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To: Boiling Pots

That would only make sense if most Jews somehow personally benefited because Goldman-Sachs had a record profit. To the extent Jewish people voted for Obama, its probably because they are socially liberal, like gays, actors, or college kids. But Jews voting for Obama to help international bankers is more in line with stormfront theory.


20 posted on 07/20/2009 12:46:56 PM PDT by DesertRhino (Dogs earn the title of "man's best friend", Muslims hate dogs,,add that up.)
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